Farbman Group Acquires Office Building In Chicago For $17M

Located at 100 N. LaSalle St. in Chicago, this office property was recently sold in a transaction handled by Andy Farbman of Farbman Group, representing the buyer, and BentallGreenOak, representing the seller. The sale, which took place on September 9, 2021, saw the property change hands for a price of $17,000,000. The office space spans a total of 151,768 square feet, resulting in a price per square foot of $112.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $17,000,000
• Address: 100 N. LaSalle St., Chicago
• Buyer: Andy Farbman - Farbman Group
• Seller: BentallGreenOak
• Square Footage: 151,768 SF
• Price Per Square Foot: $112

Andy Farbman of Farbman Group acted as the buyer's representative in this transaction, while BentallGreenOak represented the seller. This sale highlights the active real estate market in Chicago, with an office property being sold for a significant amount. The property's location, size, and price per square foot make it a notable transaction in the Chicago market.